I
VI
Friday, October 6, 1972
INCREASED FARES FOR PEAK TRAM
People travelling on the Peak Tram will be paying increased fares
from the beginning of next month.
The full fare for an adult will be increased from 60 cents to $1
and the section fare from 40 cents to 50 cents.
12 will have to pay 50 cents for a journey.
Children under the age of
This is the first revision of the fare structure since 1946.
Existing charges for carrying small animals and parcels will be dropped
and the trams will no longer carry freight except small parcels carried by
passengers.
In line with other public transport companies, servicemen will also
have to pay fares and the concessionary fares for domestic servants and
labourers will be withdrawn.
Adult monthly tickets, as with the bus companies, are abolished;
although student tickets are to be retained and will cost $25 each for the
full distance and $17 to May Road. The old charges were $15 and $10.
The increase in fares are related to the Peak Tram Company's financial
position, which has shown a deteriorating trend, and an increase of some
25 per cent in operating costs over last year.
It is expected that traffic and revenue will increase following the
opening of the Peak Tower Restaurant, although there are no accurate estimates
and the increases will have to be set against the additional cost of extending
the tram service to 1 a.m.
T
The Government